Recent Posts

Asia’s improving earnings scorecard fails to boost stocks

Bloomberg Corporate Asia is wrapping up a solid bounce-back quarter when it comes to earnings, but that’s hardly translating into stock gains for companies. With majority of the results out, companies in the MSCI Asia Pacific Index have delivered an aggregate positive earnings surprise of 7.7% so far, according to data compiled by Bloomberg. That’s versus a 23% aggregate miss ...

Read More »

Wild week in China roils tech stocks, debt markets, HK

Bloomberg Chinese authorities moved on a number of fronts to rein in potential risks to the Communist Party’s rule, touching everything from tech firms to bond markets to political dissent in Hong Kong. The actions rattled markets as investors sought to grasp the rationale for the changes emanating from Beijing’s opaque corridors of power. They came shortly after the shock ...

Read More »

Stocks settle at fresh record high in India’s Diwali session

Bloomberg Indian shares rallied to a record in the ceremonial evening session to mark Diwali, the Hindu festival of lights, as earnings of some of the country’s biggest companies bolstered optimism for a faster economic recovery. The S&P BSE Sensex and NSE Nifty 50 gauges ended higher in the one-hour session, paced by oil and gas companies. Tata Steel Ltd ...

Read More »
Send this to a friend